RushMars is a Binance Smart-Chain yield farming and AMM exchange that has just launched. After that, the tokens can be traded on Pancake Swap. And they also collaborated with RushMoon which is an automatic liquidity acquisition yield farm and AMM decentralized exchange that runs on the Binance Smart Chain and has a slew of innovative and creative features that allow you to earn and win. They wholeheartedly support CAKE-LP v2 staking.
RushMars has used the Buyback function amazingly. Do you know what is Buyback? It is an important term in the crypto world. Let's introduce the term BuyBack.
BuyBack
A buyback is when a corporation purchases its shares in the stock market. A repurchase reduces the number of shares outstanding, thereby inflating (positive) earnings per share and, often, the value of the stock. Every time this function is called 2% of liquidity is removed and the liquidity is then split into BNB and RUSH. BNB market buys RUSH. The rest ~99% of the RUSH is then burned ~ 1% of RUSH sent to caller of the function to incentivize user spending gas.
What happened to the Buyback function?
● 2% of liquidity total is removed from BNB-RUSH LP pool
● The liquidity is then split into BNB and RUSH
● BNB market buys RUSH with split BNB
● Then bought and split 99% of the RUSH is then burned
● 1% of RUSH sent to caller of the function to incentivize user spending gas
Liquidity Buy and Burn
Retiring repurchased tokens is commonly referred to as a buyback and burn in crypto-speak because tokens are permanently removed from circulation. The act of burning ensures that those specific shares will never be reissued.
• The function becomes available every 6 hours and can be accessed by anyone.
• The function's caller will receive 1% of the Rush as an incentive to spend Gas.
• RushMars intends to use the farm deposit fee to replenish the Buyback pool. Pre-sale purchases filled the Buyback pool at launch.
Roadmap
Yield Farm
IRO Launch
Auditing
Listing (CoinGecko, DappRadar, Dappreview, CMC )
External Vault (ValueDeFi, Beefy)
Listing on Dashboard Project (Apeboard, vFat)
Social Contests
Advertising
Partnership
Expected Next Steps
Delegate Farming
Vault
AMM DEX
What exactly is AMM Crypto?
An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that prices assets using a mathematical formula. Assets are priced using a pricing algorithm rather than an order book as in a traditional exchange.
RushMars intends to incorporate a trading incentive mechanism into their AMM dex. RushMars users can earn tokens by trading. However, unlike traditional trading mining, the rewards for trading on RushMars can be different tokens. Other projects may offer their tokens as a reward for specific trading pairs. So, before it's too late, join this community.
Visit to know more :
Website: https://rushmars.finance
Twitter: https://twitter.com/RushMarsBSC
Telegram: https://t.me/rushmarsofficial
Github: https://github.com/RushMars
Author By:
Proof Of Registration Link : https://bitcointalk.org/index.php?topic=5342659.msg57322932#msg57322932
BitcoinTalk username : alexiarhiya
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1607501
BEP-20 Wallet Address: 0xc61994a51Fe335525b56a8077633da1a4Ffb77F1